Income disparity has widened further during the pandemic with the rise of automation, but whether a universal basic income may be a solution cannot be certain due to a shift in job skills, said 2020 recipient of the Nobel Prize in Economic Sciences Paul Milgrom.
“We have already seen a considerable growth in the earnings gap over the last two decades, and the pandemic accelerates this trend” said Stanford University professor Milgrom during a live Q&A session at the 22nd World Knowledge Forum held in Seoul, Korea on Tuesday. Another driver to this polarization is artificial intelligence, he pointed out, […]
Full Post at pulsenews.co.kr